BLACKFRIARS, QUEENSWAY, BROADWELL, COLEFORD, GL16 7JE - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BLACKFRIARS is a very small detached house of 53m², built in 2020, which could now be worth an estimated £272,366. It was last sold for £225,000 in July 2020, which was around 31% below the average July 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

BLACKFRIARS Sold Prices

Land registry data shows two sales for BLACKFRIARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two BLACKFRIARS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 24 JUL	£225,000	£325,759	31% below HPI
2017 14 JUL	£30,000	£276,533	89% below HPI

BLACKFRIARS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two BLACKFRIARS sales from July 2017 and July 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2017 sale was for 89% below the HPI. So the extrapolation line tracks at 89% below the HPI over time, until the July 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might BLACKFRIARS be worth now?

BLACKFRIARS might now be worth an estimated £272,366.

This is based on house price inflation of 21.1%, between July 2020 and May 2026, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.1% inflationary increase is applied to the most recent sale price for BLACKFRIARS of £225,000 on 24th July 2020. For the value to have increased from £225,000 to £272,366 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of BLACKFRIARS has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The July 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of BLACKFRIARS has not materially changed since July 2020.

How Large is BLACKFRIARS?

BLACKFRIARS is 53m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses houses in Broadwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broadwell, and where BLACKFRIARS lies on this distribution: 1% of detached houses houses are smaller than BLACKFRIARS, and 99% of houses are larger. Note that EPC data is not available for all properties in Broadwell.

BLACKFRIARS: Plot and Title Map

BLACKFRIARS sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of BLACKFRIARS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of BLACKFRIARS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is BLACKFRIARS?

BLACKFRIARS is located on QUEENSWAY in BROADWELL, in the GL16 postcode district. The below map shows the position of BLACKFRIARS on QUEENSWAY.